Champion Homes, Inc. vs WEST FRASER TIMBER CO. LTD., two Forest Products stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
In manufactured homes Skyline Champion earns a steady 13.15% on equity at a 7.77% net margin, nearly debt-free. West Fraser Timber makes lumber and OSB, and through the current downturn it is losing money, trading at 0.94 times book, beneath its own asset value. Skyline trades at 3.18 times book, the market paying for a business that earns through the cycle rather than swinging with commodity prices. Skyline generates positive free cash of 5.39% where West Fraser burns it, at negative 5.75%. Skyline at $5.0B and West Fraser at $5.5B are similarly valued, but only Skyline is turning a profit at this point in the cycle.
Comparison updated 2026-07-11.
| Metric | SKY | WFG |
|---|---|---|
| Price | $81.27 | $67.12 |
| Market cap | $4.6B | $5.3B |
| Sector | Forest Products | Forest Products |
| Stage | Mature | Mature |
| P/E | 22.2 | — |
| P/B | 2.91 | 0.91 |
| P/S | 1.72 | 0.97 |
| EV/EBITDA | 13.3 | — |
| Revenue growth | +7.3% | -14.3% |
| Gross margin | 24.9% | — |
| Operating margin | 5.8% | -21.7% |
| Net margin | 7.8% | -17.1% |
| Return on equity | 13.2% | -16.0% |
| Return on assets | 9.7% | -12.3% |
| Return on invested capital | 12.5% | -16.0% |
| FCF yield | 5.9% | -5.9% |
| Debt / equity | 0.02 | 0.00 |
| Current ratio | 2.48 | 2.13 |
| Altman Z (solvency) | 8.33 | 2.78 |
| Piotroski F (quality) | 5 / 9 | 6 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.